ICICI Bank has launched its own rewards portal called iShop Rewards 360. This portal is similar to HDFC’s SmartBuy and Axis Bank’s Grab Deals portals. This is a great opportunity for ICICI Bank Credit Cardholders as they can earn increased rewards when using this portal to purchase vouchers and spend on travel bookings.
The ICICI iShop portal is now officially live.
Reward Earning Structure With ICICI iShop
| Category | Debit/Credit Cards | Co-Brand Credit Cards | Net Banking |
| Flight | Up to 18% With 6X Reward Points | 4% Cashback | Flat 3% iCash |
| Hotel | Up to 36% With 12X Reward Points | Flat 6% iCash | |
| Bus | Up to 18% With 6X Reward Points | Flat 6% iCash | |
| Shopping Vouchers | Up to 18% With 6X Reward Points | Up to 29% iCash |
Reward Rate for ICICI Bank Credit Cards on iShop
| Cards | Card Base Reward Rate | Reward Rate On Flight Booking | Reward Rate On Hotel Booking | Reward Rate On Gift Vouchers |
| ICICI Emeralde Private Metal Credit Card | 3% | 18% | 36% | 18% |
| ICICI Times Black Credit Card | 2% | 12% | 24% | 12% |
| ICICI Emeralde Credit Card | 1% | 6% | 12% | 6% |
| ICICI Diamant World Credit Card | 0.75% | 4.5% | 9% | 4.5% |
| ICICI Other Credit Cards | 0.50% | 3% | 6% | 3% |
| ICICI Co-Branded Credit Cards | Various | 4% | 4% | 4% |
ICICI Bank is offering great returns on spending made with its iShop portal. Those with the premium Times Black and Emeralde Private Credit Card shall be able to get the highest returns on their spends and purchases.
Voucher Purchase With ICICI iShop
ICICI Bank Credit Cardholders can purchase vouchers of popular platforms/brands from the iShop portal and earn accelerated reward points. Certain vouchers have a purchase limit attached to them as given below
| Brand Name | Purchase Limit |
| Big Basket | ₹2,000 |
| Blinkit | ₹2,000 |
| Amazon | ₹12,000 |
| Flipkart | ₹12,000 |
| TataCliq | ₹30,000 |
| Croma | ₹1,00,000 |
A 2.5% processing fee is applied to select brands like Swiggy, Amazon, and Flipkart when you pay with a credit or debit card. No fee applies if you use net banking.
Reward Point Capping
ICICI Bank has recently updated its monthly cap on rewards earned on the iShop portal.
| Credit Cards | Cap | Daily Cap |
| ICICI Emeralde Private Metal Credit Card | 18,000 Points | 10,000 Points |
| ICICI Times Black Credit Card | 15,000 Points | 8,000 Points |
| ICICI Diamant World Credit Card | 12,000 Points | 7,500 Points |
| ICICI Emeralde Credit Card | 12,000 Points | 7,500 Points |
| ICICI Other Credit Cards | 9,000 Points | 5,000 Points |
| Co-Branded Credit Cards | 1,100 Points | 1,100 Points |
How to Log in to iShop?
To log in to iShop, ICICI Bank Credit Cardholders need to enter their ICICI Bank net banking user ID and password. Those with only ICICI Bank credit cards can also register for access.
Follow these steps to log in to the exclusive ICICI Bank Rewards portal.
- Visit the ICICI Bank website.
- Click on ‘iShop’ in the navigation bar.
- Enter your User ID and password. You can even log in via ICICI iMobile app.
- A pop-up with the disclaimer will appear.
- Accept the disclaimer and proceed to log in to iShop.
Bottom Line
ICICI Bank has surprised its entire customer base with the launch of iShop. This platform is an excellent resource for travel bookings and purchasing shopping vouchers. Customers can shop for various brand vouchers on this platform without having to pay any convenience charges. This is even applicable to Amazon vouchers.
ICICI’s latest moves are impressive, especially considering the bank’s previous reputation as one of the lowest reward rate credit card issuers in India. Many are speculating that the bank will enhance its offerings further by allowing customers to redeem rewards for Airmiles.
Pro Tip: All ICICI Credit Cards shall be charged a Reward Redemption Fee of ₹99 + GST, except the Emeralde Private Metal Credit Card and Times Black Card.
FAQs
1. What is ICICI Bank iShop?
iShop is an exclusive platform for ICICI Bank credit card and debit card customers, offering a variety of services and products, including flight, hotel, and bus bookings, as well as shopping vouchers. Customers also enjoy special deals, discounts, and accelerated reward points.
2. How can I contact customer support at ICICI iShop?
Those looking to contact ICICI iShop customer support for any query resolution can do so by calling 1800 570 1955 (9 AM to 9 PM) or emailing support@ishoprewards.com.
3. Can I book a hotel for someone else on iShop?
Yes, you can make a hotel booking for someone else using iShop. Just remember to enter their details when making the booking.
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